Author Topic: Personal Capital?  (Read 1521 times)

Offline Joel

Personal Capital?
« on: October 24, 2016, 02:19:07 PM »
Who else uses Personal Capital?

I've been using it as a tool to aggregate my investment balances and track my net worth. I've noticed that certain accounts always seem to get out of sync though, which is quite annoying.

Periodically (roughly monthly), I try to review my asset allocation to adjust any future retirement contributions to ensure that my allocation matches my investment policy statement (IPS). I've developed an excel spreadsheet that I input my balances for each investment held at each account, and then it alerts me if any allocations need to be adjusted. Prior to using Personal Capital, I was logging into all 5 of our accounts (my 401k, my wife's 401k, my IRAs, my wife's IRA and our HSA) and updating the balances that way. By using personal capital, I have the balances all in one location instead of logging into 5 locations. When I set it up, I assumed the accounts would stay in sync and this would be a nice time saver. However, I've noticed the accounts frequently get out of sync, so it may end up not being worth it.

I had also planned to track my net worth using Personal Capital, but the same issue is affecting the net worth graph. I've got a significant chunk of savings at Ally Bank, and the syncing has been broken since 9/30. Before that, I moved money from one savings account to another, and during couple day timeframe, I had a huge dip in net worth due to the timing of moving funds from one account to the other.

With all that said, I'm considering stopping using the software if I can figure out a tool that would aggregate my investment balances. I've heard google finance has some type of similar capability. Our 401ks are are Prudential and Transamerica, HSA at Wells Fargo, and IRAs are at Vanguard. My previous 401k had a special employer-specific fund that I could never lookup the price anywhere with, which is why I started using Personal Capital.
« Last Edit: October 24, 2016, 04:40:25 PM by Joel »
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Offline Alex

Re: Personal Capital?
« Reply #1 on: October 24, 2016, 04:39:04 PM »
An added benefit is the

Well don't leave us hangin' ;D
I am the Financier owner/admin/coder dude.

Offline Joel

Re: Personal Capital?
« Reply #2 on: October 24, 2016, 04:41:12 PM »
An added benefit is the

Well don't leave us hangin' ;D

Lol, I forgot to delete that sentence. I originally typed that planning to discuss the net worth graph that shows gaps whenever syncing gets messed up.
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Offline asromzek

Re: Personal Capital?
« Reply #3 on: October 24, 2016, 04:42:56 PM »
I often forget to
/s implied, unless stated otherwise.

bullfinche

  • Guest
Re: Personal Capital?
« Reply #4 on: November 22, 2016, 03:49:46 PM »
I have it.

I like it, but I currently haz no investments so I'm not utilizing the software to its potential.

That said, time I got some investments going.

Offline Sunflash

Re: Personal Capital?
« Reply #5 on: November 30, 2016, 12:32:54 PM »
I just signed up for an account with them. I will still use Vanguard for my roth and rollover IRA (you need at least 100k to invest with PC, and I'm not pumped about their fees). Even if inaccurate, I like how easy it is to add real estate value via Zillow. It actually makes my net worth look positive even with my student loans and credit card debt. Yay.....

Offline athikalaka

Re: Personal Capital?
« Reply #6 on: November 30, 2016, 01:28:08 PM »
Never heard of it. Is it focused for USA customers or it has open/broad areas to enter your details like YNAB/Financier? When you mention 'out of sync' are you plugging in personal details for it to retrieve your data? I'll have to look in to this and see if I can test it against my portfolio. As I mentioned on reddit, I use YNAB4 to track my net worth and income/expenses within my investment portfolio. @Joel Would you be able to PM me more info?

Offline Joel

Re: Personal Capital?
« Reply #7 on: November 30, 2016, 02:40:25 PM »
Never heard of it. Is it focused for USA customers or it has open/broad areas to enter your details like YNAB/Financier? When you mention 'out of sync' are you plugging in personal details for it to retrieve your data? I'll have to look in to this and see if I can test it against my portfolio. As I mentioned on reddit, I use YNAB4 to track my net worth and income/expenses within my investment portfolio. @Joel Would you be able to PM me more info?

I'm not sure how compatible it is for those people outside of the USA. You have to provide your username and password and it grabs the transactions and values that way. Check it out and see if works for you: https://www.personalcapital.com/ Report back whether or not it does!
Biking and budgeting my way to early retirement!

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Offline athikalaka

Re: Personal Capital?
« Reply #8 on: November 30, 2016, 04:22:52 PM »
Well that settles it, I can't even register because my mobile number is not a valid 10 digit (Non USA).
From the intro video, I like dashboard layout and grouping accounts by category (loans, investments, credit, etc)

Offline Joel

Re: Personal Capital?
« Reply #9 on: November 30, 2016, 08:25:13 PM »
Well that settles it, I can't even register because my mobile number is not a valid 10 digit (Non USA).
From the intro video, I like dashboard layout and grouping accounts by category (loans, investments, credit, etc)

That's a bummer.
Biking and budgeting my way to early retirement!

Ting referral: https://zp8h3m5ceig.ting.com/
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